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Macro Finance

RBI’s Short Dollar Book Surges Past $200 Billion on Forex Plan

Bloomberg Markets·September 30, 2026·1 min read

The Reserve Bank of India’s net short dollar book rose past $200 billion for the first time, reflecting surging future repayment obligations from a dollar diaspora program to support the rupee. The increase signals growing pressure on India’s currency as the central bank intervenes to stabilize the exchange rate amid global dollar strength.

Read at Bloomberg Markets
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